The new forums will be named Coin Return (based on the most recent vote)! You can check on the status and timeline of the transition to the new forums here.
Please vote in the Forum Structure Poll. Polling will close at 2PM EST on January 21, 2025.
Need advice about disability/housing rules and savings (older parent)
Smrtnik
job boli zubRegistered User regular
job boli zubRegistered User regular
Hi, my mom is on her late 60s and it's on disability and SS, and lives in government funded housing (she only pays 1/3 her income as rent, regardless of income). She also has to be a certain age and have income low enough to qualify for her apartment and was on a waiting list for a few years to get it.
She's very frugal. She doesn't believe in expiration dates on food (goes by smell), her hobbies are free or very cheap, she wears clothes until they turn to threads, and main "luxury" is regularly buying my kids candy and garbage toys from the dollar store. When she worked she was not paid much, so her ss and disability are pretty low.
Combine all of the above and she told me she's saving over $300/month. But she's paranoid to put it in the bank, she thinks if the government sees she has money in the bank they take away the disability/ss/apartment.
Is that right? Anyone know?
Right now she keeps multiple grand she's saved up in the apartment, and sometimes on her person when she goes somewhere, which makes giant klaxons go off in my head. I know she was saving money by being a big cheapskate but i didn't know how much and the where. So i want to make sure i two her it's safe to put it in a savings account if that's the case.
She's very frugal. She doesn't believe in expiration dates on food (goes by smell), her hobbies are free or very cheap, she wears clothes until they turn to threads, and main "luxury" is regularly buying my kids candy and garbage toys from the dollar store. When she worked she was not paid much, so her ss and disability are pretty low.
Combine all of the above and she told me she's saving over $300/month. But she's paranoid to put it in the bank, she thinks if the government sees she has money in the bank they take away the disability/ss/apartment.
Is that right? Anyone know?
Right now she keeps multiple grand she's saved up in the apartment, and sometimes on her person when she goes somewhere, which makes giant klaxons go off in my head. I know she was saving money by being a big cheapskate but i didn't know how much and the where. So i want to make sure i two her it's safe to put it in a savings account if that's the case.
0
Posts
The housing would surprise me. I don't know where you are, but locally it would have zero impact. They don't care what is in your savings once everything is approved. This is in Louisiana which is a fairly conservative state, but not to the extremes of other places.
So silly, encouraging non-triftful living.